Miao-Sheng Chen

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The major purpose of this paper is to apply a stochastic single-period inventory management approach to analyze optimal cash management policies with fuzzy cash demand based on fuzzy integral method so that total cost is minimized. We will find that, after defuzzification, the cash-raising amounts and the total costs between the fuzzy case and the crisp(More)
The Maximal Profit Model for reaching an optimal design of the production line undergoing the limitations of obtainable resources is presented in this paper. This model is treated as an integer programming problem, and an efficient step-by-step algorithm to solve this problem is also constructed. In addition, it is discussed that the operation cost of a(More)
⎯This study addresses the problem of complete pre-ordered merchandise supply. We discuss the sale price and the supply period with the demand rate function of merchandise for customers and the ratio function of customers’ willingness to wait for taking merchandise, wherein the supply period and the sale price at any point of time during the complete(More)
The purpose of this article is to construct a stochastic-demand inventory model which assumes that the whole period is stockout and the goods supply is at the end of the period. Furthermore, it also assumes that the waiting willingness of the customer depends on the length of waiting time. Based on these assumptions, the optimal supply cycle is then found(More)
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